Foxconn is looking to diversify its business beyond China at a time when India is trying to bring high-tech manufacturing to its shores.
pledged to invest more than $360 million into a phone casing component plant and some $240 million into a semiconductor equipment manufacturing project.
Foxconn is one of the world's biggest contract electronics manufacturers. It is best known as the main assembler ofiPhones but the company has been looking to diversify both geographically and in terms of its portfolio of products.
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